TyBs
Kek
>>19996854 lb
SAM056 C32A Blinken went to Skopje, Northern Macedonia to stir up shit there first for OSCE Meeting
Is The OSCE Meeting In Skopje A Triumph For Russia?
https://www.rferl.org/a/news-analysis-russia-triumph-osce-meeting-skopje/32707080.html
French AF CTM009 Falcon 7x on ground at same while Czech AF CEF08 A319 can’t make up its mind over same and heading SW nao and prolly heading to Albania next door
Swedish AF SVF674 G5 went to Sophia, Bulgaria from its Brussels depart
US third-quarter growth revised higher; corporate profits rise strongly
(When the majority of your “earnings” are derived from buying your own shares-thus less shares to apply results to of course profits will “rise”-and the GDP revisions….fuckin’ comedy)
*Third-quarter GDP growth raised to 5.2% rate from 4.9%
*Consumer spending revised lower
*Corporate profits increase 4.3%
The U.S. economy grew faster than initially thought in the third quarter as businesses built more warehouses and accumulated machinery equipment,(a much nicer way to say “we believed the narrative…ramped up capital equipment spending and now we are fugged cuz no one is buying anything)but momentum appears to have since waned as higher borrowing costs curb hiring and spending.
The quickest growth pace in nearly two years reported by the Commerce Department on Wednesday, however, likely exaggerated the health of the economy last quarter. When measured from the income side, economic activity increased at a moderate pace. Nevertheless, the mixed report was another reminder that the economy continued to grow despite fears of a recession that have persisted since late 2022.
"No sign of darkening skies for the economy in today's report, but growth is cooling," said Christopher Rupkey, chief economist at FWDBONDS in New York. "There's simply not as much wind in the economy's sails in the final quarter this year."
Gross domestic product increased at a 5.2% annualized rate last quarter, revised up from the previously reported 4.9% pace, the Commerce Department's Bureau of Economic Analysis said in its second estimate of third-quarter GDP. It was the fastest pace of expansion since the fourth quarter of 2021.(Wall Street has an ASS-ton of IPOs it needs to push out next year right away and US Treasury will be issuing record amounts of debt so the Polish is applied to the turd)
The upward revision to growth last quarter reflected upgrades to business investment on structures, mostly warehouses and healthcare facilities.Spending by state and local governments was also revised higher.Residential investment was also raised, thanks to the construction of more single-family homes. Private inventory investment was higher than previously estimated as wholesalers amassed more machinery equipment. Inventory investment added 1.40 percentage points to GDP growth.
But growth in consumer spending, which accounts for more than two-thirds of U.S. economic activity, was lowered to a still-solid 3.6% rate. The downgrade from the previously estimated 4.0% growth pace was because of cuts to outlays on financial services and insurance as well as used light trucks, likely the result of shortages caused by the recently ended United Auto Workers strike.
U.S. stocks opened higher. The dollar was steady against a basket of currencies. U.S. Treasury prices rose….(‘Trashuries’ have been basically panic bid because the Primary Dealers know the shit is hitting fan so they do the only thing they know…but moar debt because the likelihood of a Treasury default is slim and none if you own a printing press)
Moar hilarity here
https://www.reuters.com/markets/us/us-third-quarter-economic-growth-revised-up-52-2023-11-29/
Tomorrow this will be HEAVILY revised upwards from Atlanta FED tard Bostic as they were waiting for this today
Latest estimate: 2.1 percent – November 22, 2023
https://www.atlantafed.org/cqer/research/gdpnow
CME FEDwatch now has rate cuts of 25bp (with the bond market already doing it for them as that is how it weeks) at March meeting and will likely do it in January
https://www.cmegroup.com/markets/interest-rates/cme-fedwatch-tool.html
What Wall Street wants….they getas the FOMC is just the delivery boi-rates have already been “cut” just Prime has not as that is all the FED is in charge of
09-0018 C32A has joined 92-9000 747 at Denver Intl arriving from its overnight at Albuquerque-Kirkland AFB/Sunport Intl
Potato schedule has him going just south to Pueblo,CO which why this AC is at DIA and the 747 will depart back to JBA as I don’t think it’ll fit at Pueblo
Drones likely at that speed
anything that was followed (rules) was pretty much gone by Council of Vienna
It’s Apples (public) vs Oranges (them) and pun intended
In our world it’s a long drawn out process on purpose….theirs?
Pick ‘em
>muh opinion matters moar
Well you are certainly #2 and not in the way (You) think
Run along
Never said it was
Potato on ground at Pueblo in 09-0018
>which why this AC is at DIA and the 747 will depart back to JBA
FORGE94 G5 in at Centennial Airport
Yawn
>>19998216
Breh I’ve got the receipts on all you comped faggits
You know and do do they so spare me the “tough guy act” and your “cool stories”
Cuz that is all you’ve ever had
Now run along kid before your check is due
You bore me beyond mention